average analysts 2007 estimates

Dear All

Just for the record, the average 2007 earnings estimate of the 8 brokers who cover Minara is 75.2 cents (post tax) 107 cents (pre tax).

Although the nickel price assumpitions varies, all brokers are well below the current nickel price.

As with last year, we should see an unwinding of the forecasts and therefore an increase in the earnings estimate over the course of the year (particularly if the 3 month foward price is any indication).

Regards Eos